It’s no secret that a handful of tech giants have been dominating the stock market, but their leadership has reached a level that is raising eyebrows on Wall Street as being unsustainable. ‘Selling opportunity’Apple’s weighting in the S&P 500 surpassed 4% in October, the sixth time the iPhone maker has crossed that threshold. But if history is any guide, it could be a ominous sign for the stock, according to Leuthold Group analyst Phil Segner. He noted during the previous five times when Apple t

Major League Baseball Commissioner Robert Manfred issued “significant discipline” to the Houston Astros and team executives Monday, saying the team violated league rules by using technology to steal signs during the 2017 playoffs and 2018 season. General Manager Jeff Lunhow and team manager A.J. The Astros later installed a video monitor close to the dugout, saving time by eliminating the need for a runner. “Although the Astros’ players did not attempt to hide what they were doing from Hinch or

Japanese billionaire Yusaku Maezawa is looking for a “life partner” to accompany him on a trip to the moon as SpaceX’s first private tourist passenger. Maezawa, 44, said he was “restarting” his life having acquired his fortune as founder of Japan’s largest fashion retail website, Zozotown. SpaceX CEO Elon Musk revealed in 2018 that Maezawa would SpaceX’s first civilian passenger. The retail mogul added that he wanted to “shout our love and world peace from outer space” with his future partner. M

A global coalition focusing on ocean energy was announced Monday, with its members saying they want to advance the “sustainable deployment of ocean-based renewable energy” and, in addition, mitigate the impacts of climate change. Led by Denmark’s Orsted and Norway’s Equinor, members of the Ocean Renewable Energy Action Coalition also include organizations such as Shell, MHI Vestas and Siemens Gamesa. The coalition is set to have a strong focus on offshore wind but will also look at technologies

The face of anti-immigration politics in Italy could be about to make a comeback amid an election in the northeast region of Emilia-Romagna. However, with regional elections due later this month, analysts are wondering whether Salvini could return to government soon. “The regional election in Emilia-Romagna on 26 January is by far the most important political event that could determine the shelf life of the government,” Wolfango Piccoli, co-president of the research firm Teneo, said in a note Fr

Tony Elion, Jr. taught himself how to invest by utilizing free resources Tony Elion, Jr. Here are free, or inexpensive, resources to help you learn how to invest or become a better investor. Your employervalentinrussanovIf you have a 401(k) through your employer, you likely have access to free educational tools through the plan’s provider. Non-profits also have free resources available. Organizations like the Women’s Institute for Financial Education and Savvy Ladies cater to women investors and

Elon Musk, co-founder and chief executive officer of Tesla Inc., speaks during an unveiling event for the Tesla Model Y crossover electric vehicle in Hawthorne, California, U.S., on Friday, March 15, 2019. Musk teased a new feature over the weekend that appears to enable Teslas to communicate with pedestrians. He said in a tweet that the feature will “soon” roll out, but he did not offer a specific timeline. “Teslas will soon talk to people if you want,” he said in the tweet on Saturday. Musk ad

Jeff Bezos, founder and CEO of Amazon, pictured on September 13, 2018. Bloomberg | Getty ImagesBillionaire Amazon founder Jeff Bezos has announced his company will donate $690,000 donation to bush fire relief efforts in Australia. In an Instagram post on Sunday, Bezos pledged 1 million Australian dollars ($690,000) on behalf of the tech giant — an amount that has faced criticism by some on social media. “Amazon is donating 1 million AU dollars in needed provisions and services.” The figure was d

This picture shows a Dash 8 Q400 of Flybe airline during take-off on September 24, 2019 at the airport in Duesseldorf, western Germany. U.K. airline Flybe stressed that it’s continuing to operate as normal despite a report that it’s close to collapse. Flybe is the biggest operator of U.K. domestic flights and serves routes to 30 different airports in continental Europe. According to its own figures, Flybe carries 8 million passengers a year on 74 aircraft. In September 2019, U.K. operator Thomas

Lululemon Athletica raised its quarterly sales and profit outlook on Monday, boosted by strong holiday season demand. Lululemon in December had forecast its holiday quarter sales largely below Wall Street expectations. The Vancouver, Canada-based company’s improved forecast comes after retailers including Kohl’s, Macy’s, and J.C. Penney reported mixed holiday results amid competition from e-commerce giants including Amazon.com. Lululemon also raised its quarterly net revenue forecast to between

Yale’s Sonnenfeld: There’s no reason to withhold Muilenburg’s compensationBoeing is entering a new era as Chairman David Calhoun takes over as CEO. Gordon Bethune, former chairman and CEO of Continental Airlines who previously served as a vice president general manager of Boeing’s 737 and 757 programs, and Jeff Sonnenfeld, associate dean for leadership studies at Yale School of Management, join “Squawk Box” to discuss.

Stay invested or get invested, strategist saysKristen Bitterly, head of capital markets for the Americas at Citi Private Bank, joins “Squawk Box” to discuss the markets ahead of a new trading week.

Dow to open higher after briefly breaking 29,000 on FridayTraders work on the floor of the New York Stock Exchange (NYSE) on January 10, 2020 in New York City. Kena Betancur | Getty ImagesU.S. stock futures were pointing to a higher open Monday on Wall Street. Dow stock Boeing is down about 20% since then. Ford’s greater China CEO said, “The pressure from the external environment and downward trend of the industry volume will continue in 2020.” U.S. rival General Motors last week said its sales

GOP Sen. Rick Scott on Monday railed against what he calls the impeachment “circus” surrounding President Donald Trump, accusing House Speaker Nancy Pelosi of playing games. “She just hates Trump,” Scott said on CNBC’s “Squawk Box.” “Clearly what Pelosi has done is a circus, it’s a sham,” the Florida Republican added. Scott was referring to the speaker’s delay in sending to the Senate the two articles of impeachment passed by the House last month. The president has repeatedly denied any wrongdoi

Secretary of State Mike Pompeo will visit the San Francisco Bay Area this week with the backdrop of uncertainty in Iran and the looming 2020 election. Pompeo was slated to arrive in the area Sunday, with his trip extending through Wednesday, according to a State Department press release. Following remarks to tech-heavy public policy organization, the Silicon Valley Leadership Group, at the Commonwealth Club of California, Pompeo will dine with about 15 people at a private meeting Monday, Bloombe

Michelle Carter listens as ADA Maryclare Flynn makes her opening statement, displaying many texts between Carter and Conrad Roy III, as the trial of Carter proceeds in Bristol County Superior Court in Taunton, MA on Jun. The U.S. Supreme Court said Monday it will not take up an appeal brought by Michelle Carter, the young woman who encouraged her boyfriend, through texts and phone calls, to commit suicide. The case attracted worldwide attention and was the subject of a 2019 HBO documentary, “I L

Just weeks after stepping down as chief executive officer of luggage maker Away for her controversial leadership tactics, Steph Korey is reportedly coming back to the leadership seat. Korey, who co-founded the company, is now set to be Away co-CEO with Stuart Haselden, according to the New York Times. Away announced in December that Haselden would be leaving Lululemon, where he was COO since May 2017, to head up the digital start-up. The Times reported that Away is now disputing The Verge’s repo

German high-performance car manufacturer Porsche has revealed that 2019 was a record year for global sales. The Volkswagen-owned brand said Porsche delivered 280,800 vehicles to its customers last year, 10% more than in 2018. “Consequently, the sports car manufacturer defied the trend towards a weakening overall economic climate in both markets,” Porsche said in a statement Monday. The two models powering the most growth — Cayenne and Macan — are sports utility vehicles. Porsche’s own data revea

The slate of 2020 Oscar contenders for the directing prize were Martin Scorsese (“The Irishman”), Todd Phillips (“Joker”), Sam Mendes (“1917”), Quentin Tarantino (“Once Upon a Time in Hollywood”) and Bong Joon Ho (“Parasite”), five incredibly talented male directors. Scorsese, Mendes and Tarantino are highly regarded in the industry, but the lack of female directors has been a sore spot for many in recent years. This year, several female directors could have snagged a nomination. Gerwig, whose ”

“Some of the brokers, I think, are a little more interesting in terms of what to buy heading into earnings. I would buy Goldman Sachs before I would touch things like Bank of America or Citigroup,” Newton said. The financials finished 2019 as the year’s third-best performing sector, giving Petrides hope that the big banks would use the positive momentum wisely this quarter. That’s going to add some noise to the upcoming earnings calls, but by and large, I think the banks are still attractive lon